Amidst the ongoing instability and recent changes in government, the already troubled banking sector in Bangladesh is encountering fresh turmoil. Protests demanding changes in bank ownership and related reforms have escalated into violent confrontations, leaving depositors deeply

The economic situation of the country is in great crisis. In this situation, economists, business leaders, and industry experts believe that the new interim government should prioritize the private sector's business activities to bring dynamism across the board. They said that it

At least six persons received bullet injuries after a clash between two groups over control of Islami Bank Bangladesh erupted in front of the bank’s head office in the capital's Motijheel on Sunday (August 11) morning. The incident took place as the officials allegedly

The Bangladesh Bank (BB) has asked all commercial banks in the country to limit cash withdrawals to no more than Tk2 lakh per customer this week. The central bank sent this instruction to the banks on Saturday (August 10) night, citing 'security reasons'. It also instructed

Finance and Planning adviser of the interim government Dr Salehuddin Ahmed today said that the new government would try to deliver its best to improve the lives and livelihoods of the people. "We want to establish an equal and just-based society and country and our aim is to

Bangladesh Bank (BB) Governor Abdur Rouf Talukder has resigned from his post on personal ground. He submitted his resignation letter to the Finance Ministry around 3:00pm on Friday. Rouf took charge as the 12th governor of the BB on 12 July, 2022 for a four-year term. He

A source connected to the family of Bangladesh Bank (BB) Governor Abdur Rouf Talukder said he will resign soon after the interim government takes over.  According to the source, the Govornor Rouf is not in a good state of mind after resigning of Sheikh Hasina as the Prime

Commercial banks in the country have been asked not to allow cash withdrawals of more than Tk1 lakh on Thursday. The Bangladesh Bank gave this instruction in an urgent message to the managing directors of the banks on Wednesday night. According to the message, not more than one lakh

Bangladesh Jeweller's Association (BAJUS) President Sayem Sobhan Anvir today (Aug 7) welcomed the process of forming an interim government led by Nobel Laureate Dr Muhammad Yunus. In his statement, he said that BAJUS, representing 25 lakh employees and 40 thousand businesspeople

Deputy Governor and advisors of the central bank of Bangladesh somehow managed to escape through back door amid demonstration staged by the general people. The officials of Bangladesh Bank were protesting against its top officials and advisors for looting, usurping, providing unethical

The World Bank on Monday said it was assessing the impact of events in Bangladesh on its loan program with the country after its Prime Minister Sheikh Hasina resigned and fled. Hasina’s exit came after hundreds of people were killed in a crackdown on demonstrations that began as

European stock markets sank on Monday following nosedives in Asia as fears rise that the US economy is slowing down. In London, the FTSE 100 index fell by 2.8% while in Paris the CAC-40 dropped by 2.5% and Frankfurt's DAX slid by 3.2%. Earlier, Asian markets plummeted, with

The Bangladesh Garment Manufacturers and Exporters Association (BGMEA) has requested the apparel owners to keep their factories closed considering the safety and security of the workers amid ongoing non-cooperation movement. BGMEA Director Mohiuddin Rubel confirmed the matter to media

To maintain factory operations and safeguard the economy, business leaders and industrialists have urged resolving the ongoing protests through dialogue, suggesting government concessions if necessary. They also demanded justice for the killers of unarmed people, stressing that, despite

Bashundhara Group has become a 'master franchisee' of world-famous 'Cafe Amazon' to bring the international eatery chain in Bangladesh. In presence of Bashundhara Group’s Hon’ble Chairman Ahmed Akbar Sobhan and Hon’ble Group Director Ahmed Ibrahim

The country’s remittances sent by migrant workers from abroad fell by 3.2% last month from the same period last year, largely owing to the five-day internet shutdown imposed to contain violence during the quota reform movement. The inbound remittances were $1.97 billion in July

All banks are run their operations as per their normal schedule -- 10am to 6pm -- from today (July 31). Bangladesh Bank (BB) issued a circular on Tuesday (July 30) in this regard. As per the regular schedule, transactions take place from 10 am to 4 pm starting today.  

All banks will run their operations as per their normal schedule -- 10am to 6pm -- from tomorrow (July 31). Bangladesh Bank (BB) today (July 30) issued a circular in this regard. As per the regular schedule, transactions will take place from 10 am to 4 pm starting from tomorrow.

The Bangladesh Bank today (July 27) announced the duration of interbank transactions for July 28-July 30. According to the new schedule, transactions will take place from 10 am to 3 pm starting from tomorrow (July 28). However, the banks will remain open until 3:30 pm to conduct

The Bangladesh Bank (BB) has provided Tk25,520 crore to the country’s financial institutions mostly as short-term loans to help them meet depositors’ cash demand which surged following a five-day countrywide closure. The central bank disclosed the liquidity injection data